Wednesday, 25 November 2015
Last updated 4 hours ago
Nov 20 2012 | 2:01pm ET
Matterhorn Investment Management will launch an emerging-markets hedge fund focused on Southeast Asia early next year.
The London-based firm aims to raise US$30 million for the vehicle, which will invest primarily in Indonesia and the Philippines. In particular, it will focus on banking, consumer and infrastructure opportunities in the region, The Wall Street Journal reports.
"I have seen absolutely enormous change," Paul Bate, founder of the US$400 million firm, said. "There are a very large number of companies that have very good prospects because it is such an early stage and they have so much more growth to go."
"Valuations are full for the well-known stock," he continued, "but there are plenty of slightly less-well-known stocks where their growth in not priced in."
Bate said government spending on infrastructure and the region's "very strong banking system" are key opportunities.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…